Spring Statement 26: Key takeaways from Reeves' latest fiscal update

While, at first glance, Reeves' latest Spring Statement could be considered a non-event, there is a lot to unpack. UK growth to slow to 1.1% in 2026 The Office for Budget Responsibility's (OBR) forecast for economic growth this year dropped from 1.4% at the last Autumn Budget to 1.1%.  It marked "further evidence of a loosening labour market, and subdued business survey", according to the OBR. However, while delivering her Spring Statement, Reeves emphasised that the UK's overall growth profile has been upgraded to an average of 1.6% per year from 2027, with the same figure for 2...